4 June, 2019 - DMALINK, a bank and exchange-independent ECN for professional Foreign Exchange traders, today announces that the Board of Directors has appointed ex-Lloyds Sales and Trading exec. Manu Choudhary as CEO effective June 1, 2019.
With over 16 years of cross asset OTC derivative sales & structuring experience, Choudhary's role will be to solidify leadership, head global strategic partnerships and build out the product suite of the Emerging Market focused Spot-FX ECN.
Manu Choudhary, new CEO of DMALINK
(Photo Source: LinkedIn)
Choudhary has joined DMALINK after spending 12 years at Lloyds Bank employed across Sales & Trading, and Capital Markets. He spent over a decade in FX Options & Rates Sales where he worked closely with private side M&A teams, large corporate clients and financial sponsors. Most recently, Manu worked in acquisition finance origination, providing senior loan, mezzanine and high yield financing to support acquisitions by financial sponsors. During this time, he had the opportunity to advise several, now highly successful, FinTech start-ups.
Prior to this, he spent several years at Barclays Capital in FICC Sales, providing an advisory and marketing service to Financial Institutions and large corporate clients, that entailed structuring, selling and executing exotic interest rate, inflation, commodity and currency option solutions.
The new CEO of DMALINK started his career in FX as a currency strategist at XE.com (formerly HIFX).
DMALINK’s Founding Partner Michael Siwek, commented: “We have been able to poach a true innovator from the sell side and are excited about the intellectual curiosity he will bring to the organisation supporting LD4 and Singapore expansion plans.”
“Manu brings a wealth of complementary knowledge and deep client relationships to the DMALINK platform”, said Ashwind Soonarane, Managing Partner. His appointment strengthens our ability to generate new intellectual property and to serve our clients’ execution, analytics and regulatory needs."
Manu Choudhary added: "This is a truly exciting opportunity to help scale one of today’s most disruptive and independent FX focused ECNs. DMALINK’s unique business model, advanced analytics and the predictable immediacy the platform brings to EM pairs, was a huge attraction to me".
The DMALINK platform services Banks, Funds, CTA’s, Money Managers and Proprietary Trading Firms and states that it is the only institutional ECN that does not charge market makers for trading with other platform participants.
Edgewater Markets Hires James Oliver as Director of Precious Metals Sales in London
ADSS Partners with LiquidityFinder to Provide Tailored Liquidity Solutions
UOB to set up electronic FX pricing and trade engine in Singapore
CLS and Finastra collaborate to deliver netting services to customers
IS Prime reports strong results for the 6th consecutive year